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Firstplus PPI Amount

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Could someone explain if I understand this correctly ....

The PPI added to the loan was £9387.03 but the monthly PPI payments were intially £73.30. This over 60 months is only £4380.

Why is there a £5000 difference ?

Thankyou

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  • di3004
    di3004 Posts: 42,579 Forumite
    kimpeck wrote: »
    Could someone explain if I understand this correctly ....

    The PPI added to the loan was £9387.03 but the monthly PPI payments were intially £73.30. This over 60 months is only £4380.

    Why is there a £5000 difference ?

    Thankyou


    Hi there

    If you could take this post to the actual reclaiming PPI discussion thread I am sure someone will take a look at the figures for you, although more information may be required.;)
    The one and only "Dizzy Di" :D
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